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Industry super funds

Industry and member owned super funds…

  • Are run only to benefit members
  • Charge low fees
  • Have a strong investment performance history
  • Are run by members, for members

Are run only to benefit members

All Industry SuperFunds are run in the best interest of members with a common goal of providing the best possible retirement outcome for members.

Charge low fees

Industry super funds do not pay sales commissions to financial planners which enables them to keep their fees to customers low.

Have a strong investment performance history

The impressive and competitive performance of industry super funds over the long term is consistently reported by superannuation industry ratings agencies.

Are run by members, for members

They are governed by trustee boards specifically representing employees and employers – typically these trustees are appointed by both the ACTU and/or unions who are affiliated with the particular fund, and employer associations. A two-thirds majority is necessary for all decisions.

Industry super funds examples

CareSuper logo

CareSuper

CareSuper is an industry super fund for professionals run only to benefit members – not shareholders or financial planners. Its focus is always on the long-term net benefit for members.
Established Year: 1986
Type: Mutual
Industry: Industry super funds